Gold imports, which have a bearing on the current account deficit, fell 6.77 percent to $23 billion during the current financial year 2019, According data from the commerce ministry.
RBI DATA
Forex Reserves Drop $33.2 Million to $400.84 Billion – Gold Silver Reports
India’s foreign exchange reserves fell by $33.2 million to $400.847 billion in the week to 17 August mainly due to fall in foreign currency assets, according to RBI data.
In the previous week, the forex reserves had witnessed a drop of $1.822 billion to $400.881 billion.